ENDEMOL SHINE INTERNATIONAL LIMITED

Company number: 01577754

Reporting period:
1 January 2019 to 30 June 2019

This information is as reported by the business, and responses are in their own words.

This report was filed on 30 July 2019

and approved by John Richards

Payment statistics

Average time taken to pay invoices: 11 days

Invoices paid:

within 30 days: 95%
in 31 to 60 days: 4%
in 61 days or more: 1%

Invoices due but not paid within agreed terms: 0%

Payment terms

Shortest standard payment periods

1 days

Longest standard payment period

144 days

Standard payment terms

Our standard payment terms are to make payment within 30 days of receipt of a correctly rendered invoice, unless there are specific contractual payments that need to be adhered to. Payment runs are typically made weekly and we aim to pay invoices in the week in which they fall due.

Were there any changes to the standard payment terms in the reporting period?

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

60 days

No further comment provided

Any other information about payment terms

N/A

Dispute resolution process

A supplier query or dispute should be directed to the Payables Team to investigate. If the dispute cannot be resolved by the Payables Team it will be escalated either within the Finance Team or to the relevant Endemol Shine international employee who entered into the contract/received the services in order to resolve the matter. Continuing disputes are referred to the Legal Team.

Other payment information

Has this business signed up to a code of conduct or standards on payment practices? If so, which?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

No, this business has not signed up to a code of conduct or standards on payment practices.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

Yes